IST:HURGZ Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,219	1,394	1,070	887.44	350.96
Revenue Growth (YoY)	-12.57%	30.21%	20.61%	152.87%	11.13%
Cost of Revenue	1,427	1,556	1,462	1,197	363.32
Gross Profit	-208.73	-162.66	-391.54	-309.44	-12.36
Selling, General & Admin	638.29	702.8	482.32	362.6	114.36
Other Operating Expenses	-669.54	-318.14	-37.92	-19.77	-16.22
Operating Expenses	-31.25	384.66	444.41	342.83	98.14
Operating Income	-177.49	-547.32	-835.95	-652.27	-110.51
Interest Expense	-107.79	-49.1	-8.16	-1.4	-9.55
Interest & Investment Income	5.44	37.12	377.23	554.37	142.02
Currency Exchange Gain (Loss)	87.31	32.69	103.68	32.11	56.07
Other Non Operating Income (Expenses)	-500.85	-438.64	-128.24	87.75	-14.71
EBT Excluding Unusual Items	-693.37	-965.25	-491.43	20.56	63.33
Gain (Loss) on Sale of Investments	-365.46	-609.73	-631.91	-8.06	-0.21
Legal Settlements	-7.98	-6.05	-4.51	-21.11	-1.02
Pretax Income	-1,067	-1,581	-1,128	-8.62	62.1
Income Tax Expense	-256.04	-214.66	33.37	96.89	6.42
Earnings From Continuing Operations	-810.77	-1,366	-1,161	-105.51	55.68
Earnings From Discontinued Operations	-19.21	-4.62	-36	-42.26	-0.65
Net Income to Company	-829.98	-1,371	-1,197	-147.77	55.03
Minority Interest in Earnings	0.58	0.18	1.01	1.28	0.19
Net Income	-829.4	-1,371	-1,196	-146.49	55.22
Net Income to Common	-829.4	-1,371	-1,196	-146.49	55.22
Shares Outstanding (Basic)	592	592	592	592	592
Shares Outstanding (Diluted)	592	592	592	592	592
EPS (Basic)	-1.40	-2.32	-2.02	-0.25	0.09
EPS (Diluted)	-1.40	-2.32	-2.02	-0.25	0.09
Free Cash Flow	-938.16	-1,909	-2,358	-67	47.15
Free Cash Flow Per Share	-1.58	-3.22	-3.98	-0.11	0.08
Gross Margin	-17.13%	-11.67%	-36.58%	-34.87%	-3.52%
Operating Margin	-14.57%	-39.27%	-78.10%	-73.50%	-31.49%
Profit Margin	-68.07%	-98.36%	-111.76%	-16.51%	15.73%
Free Cash Flow Margin	-76.99%	-136.95%	-220.28%	-7.55%	13.44%
EBITDA	-154.31	-521.67	-803.54	-612.08	-101.1
EBITDA Margin	-12.66%	-37.43%	-75.08%	-68.97%	-28.81%
D&A For EBITDA	23.18	25.65	32.41	40.18	9.4
EBIT	-177.49	-547.32	-835.95	-652.27	-110.51
EBIT Margin	-14.57%	-39.27%	-78.10%	-73.50%	-31.49%
Effective Tax Rate	-	-	-	-	10.33%
Advertising Expenses	166.8	183.14	58.18	42.72	16.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.